My first post here but this thread has got me hooked since I received the email from Babypips
I am also very new to trading and currently only running a demo account and trying to build my strategy.
This trading method really intrigues me because of the simplicity behind it.
I have tried this method myself this week and haven’t had positive results so far, one trade has gone in the right direction whilst the others have gone on the direction I didn’t expect. I have kept these open as the signals will indicate that these will reverse shortly.
I need guidance on how I could adapt this strategy and wondering if you could help by providing more in-depth guidance.
This is a good strategy but if you try Nikos Academy you will find a refined version which I think is very good. Much of the basic training is free. Also endeavour to find a system for managing the trades which go wrong. Hedging strategy is worth considering but to perfect it takes effort and patience.
In this day and age the professionals can’t trade to save their life, and end up creating “trading rooms” and signal services to put bread on the table - instead of teaching the simple man how to trade for himself.
That’s a very interesting response, not sure if you have done your due diligence on this reply as I can tell you for a fact that you are incorrect which is delightful.
Also, I have never stated myself to be a professional trader and in truth, my bio does in fact state that I am “aspiring” again your argument is invalid.
I just hope and pray that it doesn’t get to the point where the Moderators suddenly decide to close this thread and we, as-yet-trading-simpletons, get to loose out - not being able to forage vital pearls strewn across the plot. All because people just don’t know how to live and let be. How right now I wish I can have a whiff of the wasted energy/experience/skill tumbling back and forth in this space, and direct it to making good trades every five days and hold somebody’s along the journey. Good people!!!
